Proposed Fundraising Update
April 30 2010 - 2:00AM
UK Regulatory
TIDMAXD
RNS Number : 0900L
Alexandra PLC
30 April 2010
Alexandra PLC
("Alexandra" or "the Company")
Extension of Debt Facilities
and
Update on Proposed Fundraising
The Board of Alexandra today announces an update on the Companys proposed
fundraising and a further extension of debt facilities.
As announced on 8 March 2010, the Company intends to raise funds through the
equity capital markets following completion of an audit of the Companys
accounts for the 14 month period ended 31 March 2010. In order to facilitate
this timetable the next review date of the Companys current debt facilities has
been scheduled for 30 June 2010. The current debt facilities remain repayable on
demand.
The Company will issue a trading statement covering the fourteen month period to
31 March 2010 by 14 May 2010.
-Ends-
Enquiries:
+------------------------------+------------------------------+
| Alexandra plc | 01454 876 003 |
| Tim Gifford, CEO | |
+------------------------------+------------------------------+
| Arden Partners plc | 020 7614 5900 |
| Richard Day, Fred Walsh | |
+------------------------------+------------------------------+
| | |
+------------------------------+------------------------------+
| Evolution Securities | 020 7071 4300 |
| Tim Worlledge, Adam Lloyd | |
+------------------------------+------------------------------+
| | |
+------------------------------+------------------------------+
| Pelham Bell Pottinger | 020 7337 1500 |
| Gavin Davis, Charles Goodwin | |
| | |
+------------------------------+------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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